1 Exam (elaborations) McKissock Liberty University -15-hour National USPAP Course - McKissock rated A+ 2 Exam (elaborations) McKissock Liberty University -Appraisal Procedures - Mckissock Quiz Questions well answered 3 Exam (elaborations) McKissock Liberty University -Basic Appraisal Principles F...
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Valuation Process Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value ...
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Add to cartValuation Process Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process 1. Define Problem 2. Determine scope of work 3. Gather Record & verify dat 4. determine highest and best use 5. estimate land value ...
McKissock Liberty University - fully solvedCurrently, the boards within The Appraisal Foundation include: - correct answer Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees Which Foundation board is responsible for USPAP? - correct answer Appraisal Standards Board (ASB)...
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Add to cartMcKissock Liberty University - fully solvedCurrently, the boards within The Appraisal Foundation include: - correct answer Appraisal Standards Board, Appraiser Qualifications Board, Board of Trustees Which Foundation board is responsible for USPAP? - correct answer Appraisal Standards Board (ASB)...
McKissock Liberty University -The Fundamentals of Appraising Luxury Homes well Which of the following is FALSE regarding most luxury home buyers? - correct answer They are attuned to current construction costs and will relinquish technology and amenities to save costs. Luxury homebuyers purchasin...
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Add to cartMcKissock Liberty University -The Fundamentals of Appraising Luxury Homes well Which of the following is FALSE regarding most luxury home buyers? - correct answer They are attuned to current construction costs and will relinquish technology and amenities to save costs. Luxury homebuyers purchasin...
McKissock Liberty University -Supervisor-Trainee Course for Ohio Currently, what is the annual national registry fee per appraiser? - correct answer $40 The Dodd-Frank Act of 2010 requires the ASC to create and maintain a national registry of: - correct answer Appraisal management companies Wh...
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Add to cartMcKissock Liberty University -Supervisor-Trainee Course for Ohio Currently, what is the annual national registry fee per appraiser? - correct answer $40 The Dodd-Frank Act of 2010 requires the ASC to create and maintain a national registry of: - correct answer Appraisal management companies Wh...
McKissock Liberty University -Sales Comparison Approach McKissock Class with correct answers What is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item?...
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Add to cartMcKissock Liberty University -Sales Comparison Approach McKissock Class with correct answers What is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item?...
McKissock Liberty University -Residential Market Analysis and Highest & Best Use fully solvedA property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? - correct answer Contribution What are...
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Add to cartMcKissock Liberty University -Residential Market Analysis and Highest & Best Use fully solvedA property owner constructs a six-car garage at a cost of $80,000. It only adds $40,000 in value to the property. What economic principle does this best demonstrate? - correct answer Contribution What are...
McKissock Liberty University -Reconciliation Key Terms - McKissock with complete solutionsthe process of considering the quantity and quality of data available. It is required in all appraisal assignments, and it is not a simple matter of averaging or checking the work for errors. - correct answer r...
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Add to cartMcKissock Liberty University -Reconciliation Key Terms - McKissock with complete solutionsthe process of considering the quantity and quality of data available. It is required in all appraisal assignments, and it is not a simple matter of averaging or checking the work for errors. - correct answer r...
McKissock Liberty University -Real estate appraisal principles and procedures with verified solutions REAL ESTATE Is the physical land and improvements Real property Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything perman...
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Add to cartMcKissock Liberty University -Real estate appraisal principles and procedures with verified solutions REAL ESTATE Is the physical land and improvements Real property Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything perman...
McKissock Liberty University -Principles of USPAP McKissok with complete solutionsThe Appraisal Practices Board (ADB) - correct answer Which independent board was created within The Appraisal Foundation in 2010? The Appraisal Foundation does not have the authority to enforce the requirements of U...
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Add to cartMcKissock Liberty University -Principles of USPAP McKissok with complete solutionsThe Appraisal Practices Board (ADB) - correct answer Which independent board was created within The Appraisal Foundation in 2010? The Appraisal Foundation does not have the authority to enforce the requirements of U...
McKissock-Land and Site Valuation_________ is one of the four agents of production in economic theory. - correct answer Land Which is NOT a true statement? - correct answer The "Land Appraisal Report" is a Fannie Mae form. Land, as a physical entity, includes all of the following components ...
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Add to cartMcKissock-Land and Site Valuation_________ is one of the four agents of production in economic theory. - correct answer Land Which is NOT a true statement? - correct answer The "Land Appraisal Report" is a Fannie Mae form. Land, as a physical entity, includes all of the following components ...
McKissock Liberty University -McKissock USPAP Chapter 8 questions with answersStandard 2 States... - correct answer In reporting the results of a real property appraisal, an appraiser must communicate each analysis, opinion, and conclusion in a manner that is not misleading. Report - correct answ...
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Add to cartMcKissock Liberty University -McKissock USPAP Chapter 8 questions with answersStandard 2 States... - correct answer In reporting the results of a real property appraisal, an appraiser must communicate each analysis, opinion, and conclusion in a manner that is not misleading. Report - correct answ...
McKissock Liberty University -McKissock USPAP Chapter 4 questions with complete solutions What does the ethics rule establish? - correct answer Establishes fundamental obligations of an appraiser as part of the profession Ethics Rule - correct answer An appraiser must promote and preserve the p...
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Add to cartMcKissock Liberty University -McKissock USPAP Chapter 4 questions with complete solutions What does the ethics rule establish? - correct answer Establishes fundamental obligations of an appraiser as part of the profession Ethics Rule - correct answer An appraiser must promote and preserve the p...
McKissock Liberty University -McKissock USPAP Chapter 1 all answered USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of the document 3. A basis for uniform enforcement for state regulatory agencies 4. A reason for clients, other intended use...
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Add to cartMcKissock Liberty University -McKissock USPAP Chapter 1 all answered USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of the document 3. A basis for uniform enforcement for state regulatory agencies 4. A reason for clients, other intended use...
McKissock Liberty University -McKissock Learning - Basic Appraisal Principles well answered"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - correct answer mortgage note ...
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Add to cartMcKissock Liberty University -McKissock Learning - Basic Appraisal Principles well answered"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - correct answer mortgage note ...
McKissock Liberty University -McKissock Basic Appraisal Principles questions with answers rated A+grant deed - correct answer deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - correct answer One who is expected to perform valuation services co...
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Add to cartMcKissock Liberty University -McKissock Basic Appraisal Principles questions with answers rated A+grant deed - correct answer deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - correct answer One who is expected to perform valuation services co...
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McKissock Liberty University -McKissock Basic Appraisal Principles I Final Exam Quiz with answers ASC (Appraisal Subcommittee) - correct answer The _____ has oversight authority over state appraisal boards. consideration, in writing and signed, and lawful objective - correct answer Which of the b...
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Add to cartMcKissock Liberty University -McKissock Basic Appraisal Principles I Final Exam Quiz with answers ASC (Appraisal Subcommittee) - correct answer The _____ has oversight authority over state appraisal boards. consideration, in writing and signed, and lawful objective - correct answer Which of the b...
McKissock Liberty University -McKissock Appraisal Procedures question n answers graded A+A single unit residence sold for $126,000. It was rented for $1,100 per month but the market rent was $1,200. What is the GRM indicated by this sale? - correct answer 105.0 A building was constructed in July ...
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Add to cartMcKissock Liberty University -McKissock Appraisal Procedures question n answers graded A+A single unit residence sold for $126,000. It was rented for $1,100 per month but the market rent was $1,200. What is the GRM indicated by this sale? - correct answer 105.0 A building was constructed in July ...
McKissock Liberty University -McKissock - General Report Writing and Case Studies fully solvedAppraisal - correct answer "(noun) The act or process of developing an opinion of value. an opinion of value; (adjective) of or pertaining to appraising and related functions such as appraisal practice or...
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Add to cartMcKissock Liberty University -McKissock - General Report Writing and Case Studies fully solvedAppraisal - correct answer "(noun) The act or process of developing an opinion of value. an opinion of value; (adjective) of or pertaining to appraising and related functions such as appraisal practice or...
McKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 fully solvedWhich of the following typically incurs the highest burden of management? savings account money market certificate of deposit real estate - correct answer real estate True or False? Stocks are considere...
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Add to cartMcKissock Liberty University -McKissock - Basic Appraisal Principles- GA Ch.10 fully solvedWhich of the following typically incurs the highest burden of management? savings account money market certificate of deposit real estate - correct answer real estate True or False? Stocks are considere...
Chp.1 Basic Appraisal Principles, USPAP defines an appraiser as.... - correct answer one who performs valuation services in a manner that is independent, impartial, and objective. FIRREA stands for - correct answer Financial Institutions Reform, Recovery, and Enforcement Act of 1989 What is on...
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Add to cartChp.1 Basic Appraisal Principles, USPAP defines an appraiser as.... - correct answer one who performs valuation services in a manner that is independent, impartial, and objective. FIRREA stands for - correct answer Financial Institutions Reform, Recovery, and Enforcement Act of 1989 What is on...
McKissock Liberty University -Basic Appraisal Procedures McKissock questions with correct answersValuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Pr...
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Add to cartMcKissock Liberty University -Basic Appraisal Procedures McKissock questions with correct answersValuation Process - correct answer Systematic set of procedures an appraiser follows to provide answers to a clients questions about real property value Appraisal Process - correct answer 1. Define Pr...
McKissock Liberty University -Basic Appraisal Procedures Chapter 12 - Comprehensive Review Quiz updated already passedA property has a cost new of $350,000. It has an effective age of 20 years and a total expected economic life of 65 years. There are curable items totaling $45,000. If they are cured...
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Add to cartMcKissock Liberty University -Basic Appraisal Procedures Chapter 12 - Comprehensive Review Quiz updated already passedA property has a cost new of $350,000. It has an effective age of 20 years and a total expected economic life of 65 years. There are curable items totaling $45,000. If they are cured...
McKissock Liberty University -Basic Appraisal Procedures - McKissock correctly answeredValuation process - correct answer A systematic procedure used in the valuation of real property. Client - correct answer The party or parties who engage, by employment or contract, an appraiser in a specific a...
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Add to cartMcKissock Liberty University -Basic Appraisal Procedures - McKissock correctly answeredValuation process - correct answer A systematic procedure used in the valuation of real property. Client - correct answer The party or parties who engage, by employment or contract, an appraiser in a specific a...
McKissock Liberty University -Basic Appraisal Principles Final Exam with answersIn a particular market, there is a demand for 500 houses per year, and there are currently 1,500 houses for sale. What does this most likely indicate? - correct answer there is a three-year supply of homes currently for...
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Add to cartMcKissock Liberty University -Basic Appraisal Principles Final Exam with answersIn a particular market, there is a demand for 500 houses per year, and there are currently 1,500 houses for sale. What does this most likely indicate? - correct answer there is a three-year supply of homes currently for...
McKissock Liberty University -Appraisal Procedures - Mckissock Quiz Questions well answeredTrue or False: An appraiser's client must always directly engage the appraiser. - correct answer False A step-by-step procedure that can be applied to any type of appraisal assignment is - correct answer T...
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Add to cartMcKissock Liberty University -Appraisal Procedures - Mckissock Quiz Questions well answeredTrue or False: An appraiser's client must always directly engage the appraiser. - correct answer False A step-by-step procedure that can be applied to any type of appraisal assignment is - correct answer T...
McKissock Liberty University -15-hour National USPAP Course - McKissock rated A+ USPAP contains what 4 sections? - correct answer 1) The Preamble 2) Definitions 3) Rules 4) Standards USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of t...
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Add to cartMcKissock Liberty University -15-hour National USPAP Course - McKissock rated A+ USPAP contains what 4 sections? - correct answer 1) The Preamble 2) Definitions 3) Rules 4) Standards USPAP Provides... - correct answer 1. A common basis for comparison 2. A reference source for all users of t...
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